# TM

> TM is a VC fund in Reykjavík backing SaaS, Travel and Software. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Reykjavík, Iceland
- Total investments: 2
- Last investment: Dec 2024
- Lead investor: 50%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/tryggingami%C3%B0st%C3%B6%C3%B0in
- Website: https://www.tm.is/
- Facebook: http://www.facebook.com/tryggingamidstodin

TM is a company that provides all insurance and damage related services through call, online chats & emails.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 1 | 50% |
| Travel | 1 | 50% |
| Software | 1 | 50% |
| Consulting | 1 | 50% |
| Health Care | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Corporate Round | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Kaptio | Kaptio is the next generation booking system that places customer experience at the heart of the travel economy. Powered by the Salesforce Platform, it frees travel companies from their legacy systems – equipping them to embrace new ways of working, transform the customer experience and deliver operational efficiencies. Kaptio was launched byArnar Laufdal Olafsson and Ragnar Fjölnisson in 2012 and has offices in United Kingdom, Iceland and Germany. | $2.5M | Corporate Round | Dec 06, 2024 |  |
| Genis | GENIS is a biotechnology company headquartered in Siglufjörður, Iceland. They strive to discover, develop and commercialize novel and life-changing products, supplements and medical devices derived from crustacean exoskeletons. The GENIS team has been developing cutting-edge research on the production of chitin, chitosan, and short chain chitosanfor two decades. Their mission is to leverage this accumulated body of world-class scientific research with the intent of providing life-altering benefits for individuals. | $17M | Venture - Series Unknown | Dec 18, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Yanu Holdings](https://shizune.co/investors/profile/yanu-holdings) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
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- [OrbiMed](https://shizune.co/investors/profile/orbimed-advisors) — VC Fund

### Similar stage
- [Info Edge](https://shizune.co/investors/profile/info-edge) — VC Fund
- [Vector](https://shizune.co/investors/profile/vector-inc-) — VC Fund
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### Similar country
- [New Business Venture Fund](https://shizune.co/investors/profile/new-business-venture-fund) — VC Fund
- [Frumtak Ventures](https://shizune.co/investors/profile/frumtak) — VC Fund
- [Brunnur Ventures](https://shizune.co/investors/profile/venture-capital-fund-brunnur) — VC Fund

## Featured in investor lists
- [All Investors in Iceland](https://shizune.co/investors/investors-iceland)
- [All VC Funds in Iceland](https://shizune.co/investors/vc-funds-iceland)
- [Medical Device Investors in Iceland](https://shizune.co/investors/medical-device-investors-iceland)
- [Biotechnology Investors in Iceland](https://shizune.co/investors/biotechnology-investors-iceland)
- [Biotech Investors in Iceland](https://shizune.co/investors/biotech-investors-iceland)
- [Enterprise Investors in Iceland](https://shizune.co/investors/enterprise-investors-iceland)

## FAQ

### What does TM invest in?

TM invests primarily in SaaS, Travel and Software startups, most often at Corporate Round and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in Iceland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did TM last invest?

The most recent investment recorded for TM closed in Dec 2024. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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